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Why the Euro Fails To Rise

source: sxc – Ambrozjo

In the past few weeks, the Euro has been showing signs of strength in comparison to its low points of the year. Let me remind you that the Euro was trading at below $1.2000 for a while and yesterday it managed to rise above $1.2700, though it failed to hold above [...]

Euro Predictions 2010 - Up or Down?

In a previous post I wrote on January 22nd, I laid out my euro prediction for 2010 and voiced my opinion that the Euro will have a bad year. The factors I mentioned to support this view were:

1. A recovering US economy that makes the dollar more attractive.

2. Problems in the Euro-zone with some members [...]